Further to the Cautionary Announcements dated 5 April 2023 and 27 April 2023 respectively, Shareholders are advised that the Company’s application for Exchange Control Approval relating to the proposed Rights Offer is still pending.
The Application to the ZSE Listings Committee for the approval of the publication of the full Circular will only be finalized upon completion of the audit of the Company’s financial reports for the year ended 28 February 2023 which is currently in progress.
In the circumstances, shareholders are further advised to exercise caution in dealing with the securities of the Company.
By order of the Board
C.A. Banda
Group Company Secretary
30 May 2023
Directors:
Dr. J. Myers (Chairman)*, Dr. D. Mboweni (Chief Executive Officer), Mr. R. Chimanikire (Deputy Chief Executive Officer), Dr. J. Chimhanzi*, Mr. M. Edge*, Mr. M. Gasela*, Mr. G. Gomwe*, Miss. E.T. Masiyiwa*, Ms. B. Mtetwa*, Mr C.L. Moyo (Finance Director), Ms T. Moyo*, Mr. H. Pemhiwa*. *Non Executive.
